Friday, January 31, 2014

Experiment Result

Intraday trading experiment which was run from 8th Jan 2014 onwards on this blog, had started off with mixed results, but over the days as the system was constantly optimized for entry and profit targets it started giving positive results and I summarize by saying that..... 

This method has clocked an average 0.4% returns per day which works out to 96% p.a ROI (considering 240 trading days in a year)....Which I think is incredible!

I m happy that the system can be documented as one of the mechanical methods for trading Intraday. 
I m documenting all of this in a book which will be published here. So friends, keep checking and Happy Trading !!!


Trading result: 31-Jan-14

TRADING RESULT : 31-JAN-14

Trading signal : 31-Jan-14

TRADING SIGNAL : 31-JAN-14

Tuesday, January 28, 2014

Trading signal : 28-Jan-14

I was not in town from 24th to 27th Jan, for those of you who follow this blog for trading signals, sincere apologies for the same.

TRADING SIGNAL : 28-JAN-14

Wednesday, January 15, 2014

Trading signal for 15-Jan-14

15-JAN-14

BANKNIFTY trading plan







BankNifty with its cmp at 10948 seems to be getting ready for a large 400+ points move on either sides. Target will be 10500 on downside and 11400 on upside. Option data suggests that 10900 Put writers have been aggressive in selling as we see maximum additions in open interest at 10900 PE. This suggests that BankNifty is more likely to give upside breakout and It may even target 11400 & 11800 in near term as is evident from highest reduction of open interest at 11000 CE followed by highest addition at 11800 CE.
Levels are marked in RED on option snapshot shown. Refer BankNifty Chart for confirmation of Demand/Supply zone.

Thursday, January 9, 2014

Trading signals for 09-Jan-14

09-Jan-14

EOD analysis of 30mins breakout experiment

The first day of our 30 mins breakout system gave overall 50:50 result. However, it was helpful in giving us trading bias for the day in most of the stocks. Here are the EOD prices of individual stocks. Please cross-check with the post given on 08-Jan morning w.r.t trading signal.

EOD prices of 08-Jan-14



















The following stocks HIT PROFIT TARGETS:
AXISBANK
BANKBARODA
CAIRN
IDFC
RCOM
TATAMOTORS
YESBANK

The following stocks FAILED:
HINDALCO (STOPLOSS HIT - LOSS RECOVERED)
MARUTI
SBIN
TATASTEEL

The following stocks were NEUTRAL (MARGINAL PROFIT/LOSS):
JSWSTEEL
JINDALSTEEL
MCDOWELL

Now our next milestone should be to optimize our entry price, targets & stoploss price. Starting today 09-Jan I will try to include that too. So watch out for this post at 9:55 am

Wednesday, January 8, 2014

Experimentation on 30mins breakout system

The 30 mins breakout system is highly popular globally among traders. It is believed that market professionals wait for the first 30 mins for the market to cool down and then take trades for the day.
Starting today 08-Jan to 16-Jan-14, I will try to post the trading signals that I get from my own interpretation of the 30 mins breakout system which I have formulated. Please note this experiment has been initiated only for monitoring the effectiveness of the system. (Follow it at your own risk !!!).